Offering Memorandum

Investment Sale

Dollar General

11378 OK-3
Lane, Oklahoma

eCode:008i

Sales Price

$1,438,189

NOI

$76,224

Cap Rate

5.30%

Lease Expiration

5/31/2032

Building Size

9,026 SF

Lot Size

1.00 AC

Year Built

2017 (Build-to-Suit)

Traffic Count

OK-3 (2,410 CPD)

Highlights

  • Strong Placer Data
  • Corporate Guaranty
    • Lease is Guaranteed by Dollar General Corp. (NYSE: DG)
  • Covid-19 Proof Investment
  • Newer Construction
  • Minimal Dollar Store Competition
  • Absolute NNN Lease

Radius 5 mile 10 mile 20 mile
Population Density 1,446 6,940 18,714
Household Income $64,468 $63,118 $61,173
Daytime Pop 237 1,921 2,847

SIMILAR PROPERTIES

Single-Tenant
219 Jari Dr
Johnstown, Pennsylvania

$4,814,457 | 19,200 SF
Multi-Tenant
2951-2963 Navarre Ave
Oregon, Ohio

$5,963,586 | 15,233 SF
Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan

Unpriced | 78,058 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan

$4,428,571 | 10,000 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement